Research On The Impact Of Third-party Mobile Payments On The Profit Of City Commercial Banks

In the context of the Internet financial era,the name of third-party mobile payment is familiar and has been widely used in life.The rapid development of third-party mobile payment has also made it an important part of China's financial payment system.Third-party mobile payments are more popular in cities,and urban commercial banks are also mainly distributed in cities,so the two can be linked.This article is to study the impact of third-party mobile payments on the profitability of city commercial banks.Based on the research of relevant domestic and foreign literatures and materials,this paper draws on the development status of third-party mobile payment and city commercial banks in China.On this basis,it analyzes the characteristics of third-party mobile payment and the profit model of city commercial banks.Using a large amount of data and chart data collected and collected to theoretically analyze the impact of third-party mobile payments on the profitability of city commercial banks.Finally,select representative city commercial banks as samples,use appropriate quantitative analysis methods,and use statistical measurement software to Perform quantitative analysis.Through the combination of theoretical analysis and quantitative analysis,the final conclusion is drawn:third-party mobile payment has a certain impact on the profitability of city commercial banks.Finally,based on the conclusions,relevant feasibility recommendations are put forward and summarized.Through the illustrated method,the city commercial bank has some reasonable suggestions,including the city commercial banks should pay attention to their own financial product innovation,cultivate financial science and technology talents,and play their own characteristics to do well-inclusive finance and poverty alleviation finance.This series of reasonable suggestions can effectively help city commercial banks to mitigate the impact of third-party mobile payments,and even enable city commercial banks to find a new development route.